IN BRIEF: B&M European Value Retail names interim CEO as Russo departs

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B&M European Value Retail SA - Luxembourg-based variety goods value retailer in UK and France - Appoints Chief Financial Officer Mike Schmidt to the additional role of interim chief executive officer, as Alex Russo retires as CEO from Wednesday. B&M says it is making ‘good progress’ on finding a new CEO and will provide an update once it has.

Current stock price: 334.00 pence

12-month change: down 36%

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